Can Archer Daniels (ADM) Surprise This Earnings Season?

Archer Daniels Midland Company (ADM), the world’s largest corn processor, is slated to report its first-quarter 2014 results on Apr 29, 2014. In the past quarter, it posted a positive surprise of 13.1%. Let us see how things are shaping up for this announcement.

Our proven model does not conclusively show that Archer Daniels is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. This is not the case here, as you will see below.

Negative Zacks ESP: ESP for Archer Daniels is -3.95%. This is because the Most Accurate Estimate stands at 73 cents, while the Zacks Consensus Estimate is pegged at 76 cents.